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06 October 2015

AIB Announces Five-Year Partnership with Galway City Innovation District

Posted By: AIB Business
PorterShed-245

At AIB, we believe that people do their best work when they’re surrounded by like-minded people in a space that encourages flexibility and collaboration. That’s why we’re partnering with Galway City Innovation District (GCID) to turn the city centre into the ideal place for entrepreneurs to come together to work and share ideas.

The GCID partnership is a five-year plan that brings together the knowledge and expertise of Galway Chamber of Commerce, Startup Galway, Galway City Council, NUI Galway, GMIT, WestBIC, local entrepreneurs and other partners.

To kick things off, we’ve announced our sponsorship of the PorterShed. A former Guinness storehouse, the PorterShed is located just off Galway’s historic Eyre Square and will serve as a home to an accelerator programme, high potential start-ups and entrepreneurs.

This exciting new space will serve as the cornerstone of the GCID, and the catalyst for a project, which aims to attract the world’s most exciting and forward-thinking technology companies to Galway. The PorterShed will also be available as an open working area for locals, as well as hosting workshops and seminars.

Announcing the partnership at the Venture West Conference on 18th September, AIB CEO Bernard Byrne said: “Developing an innovation district in the heart of Galway can serve as catalyst for high growth companies, and is a model that has worked in other cities such as Boston.

“The Galway City Innovation District is the first part of an ambitious plan to support the growth and development of innovative companies across the West of Ireland. AIB is delighted to be involved in the development of this new innovation district for Galway and the West of Ireland.”
 

AIB Announces Five-Year Partnership with Galway City Innovation District

 

The PorterShed has capacity for up to 85 workers, high speed internet, meeting rooms, hot desks, and custom-designed workspaces. The surrounding land also has ample room for development, with an area covering around 14 acres available and the potential to house up to 10,000 people.

The GCID concept centres on the idea that innovation in cities cannot exist in a vacuum, but is created by the indefinable atmosphere that arises in areas when entrepreneurs can work closely together and inspire each other to produce innovative and exciting work.

The GCID will be a collaborative space, which will allow our best and brightest tech minds to work side by side, to network, and learn from each other. It’s our hope that the PorterShed is the first step in a journey that will transform Galway into a technological hub to rival anything the world has to offer.

The PorterShed has capacity for up to 85 workers, high speed internet, meeting rooms, hot desks, and custom-designed workspaces. The surrounding land also has ample room for development, with an area covering around 14 acres available and the potential to house up to 10,000 people.

The GCID concept centres on the idea that innovation in cities cannot exist in a vacuum, but is created by the indefinable atmosphere that arises in areas when entrepreneurs can work closely together and inspire each other to produce innovative and exciting work.

The GCID will be a collaborative space, which will allow our best and brightest tech minds to work side by side, to network, and learn from each other. It’s our hope that the PorterShed is the first step in a journey that will transform Galway into a technological hub to rival anything the world has to offer.

 

 

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